News & Analysis on the Global Animal Feed and Pet Food Industries
Tennessee based feed and pig production company, AgFeed Industries, has agreed to pay $18 million to settle a Securities and Exchange Commission (SEC) case over fraud allegations, said the US regulator yesterday.
US feed maker, Cargill Animal Nutrition, reports that a fire at its plant in Salem, in New York, has had no impact on business.
Livestock producers can expect abundant feed grains and subsequent downward pressure on prices as bumper maize harvests are predicted in the EU and the US, and a greater proportion of the EU wheat crop is diverted to feed use.